India: ERW pipe prices rise in key markets

ERW patra pipe (41-60 OD) prices rose by INR 600/t ($7/t) d-o-d in Mandi Gobindgarh and by INR 200/t in Raipur ($2/t) today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 51,500/t ($623/t)
• Raipur: INR 49,500/t ($599/t)
• Prices mentioned above are exw, excluding GST at 18%.